Chapter 622 Premonition
Under the leadership of Sato Hideaka, Kishimoto Masayoshi and Yamada Miku followed her out of the hotel and headed towards one of the areas where ordinary Koreans could eat.
Masayoshi Kishimoto understands better than anyone else. If you see whether a country's economy is good or not, don't listen to the boasts of the media, and don't listen to the propaganda of the official media, but you should go deep into the grassroots to conduct on-site inspections. He believes in that sentence, without investigation, there is no right to speak.
"The economy in Seoul, South Korea is good! It gives me the feeling that I am in Tokyo." Yamada Miya saw ordinary Korean people, especially women, carrying large bags and small bags. Her most personal intuitive feeling was that she had a lot of thoughts.
"Sato, what do you think?" Kishimoto Masayoshi knew in his heart that this was in line with the sentence in "Dream of Red Mansions". It was really a fire-cooking oil, and flowers were blooming in bloom.
Although Sato Hideaka didn't know the real purpose of the president's personal visit to South Korea, he firmly believed that the other party must have come with a clear purpose.
"The South Korean government and the central bank have put a lot of efforts in stimulating domestic consumption and economic recovery. So far, it seems that there are indeed good results.
As far as I know, the real estate projects under our Hard Gold Group are selling well in Seoul Ruicao District, Jiangnan District and Songpo District.”
Sato Hide-chung's personal tendency is that the president came here in person this time to increase investment in Seoul, South Korea.
Masayoshi Kishimoto just smiled, but did not express his personal impression. He knew very well that the target customer group of Seoul Gangnam District 3 is high-income group, after all, the real estate projects developed are all high-end apartment buildings.
Even if a credit card crisis breaks out in South Korea, it will not cause losses to me in this regard. Instead, it is very likely that my real estate sales in Gangnam District, Seoul will increase.
In fact, the reason is very simple. Although high-income groups can use credit cards, they tend to be rational and often do not use credit cards to withdraw cash directly, but use them to swipe cards to spend.
On the contrary, low-income groups lack rationality under the pressure of real economic life and generally use credit cards to withdraw cash.
The handling fee for credit card withdrawal is quite high. The annual interest on Korean credit card withdrawal is as high as 18%-25%.
Once the South Korean credit card crisis breaks out, it will have little impact on high-income groups, and it will be minimal. After all, they are fully guaranteed to have economic strength.
Houses in Gangnam District 3 cannot afford to buy Korean low-income groups. It would be nice if they could afford to rent houses in the main urban areas of Seoul.
In order to avoid the financial risks brought by the credit card crisis, high-income groups will increase their investment in real estate, resulting in the hot-selling houses in related good locations and areas.
Houses are not only for Koreans but also for Chinese people, but have a certain special feature that they are a necessary condition for marriage.
Men don’t have a house, women don’t marry. The Korean girls who were born in Seoul and grew up in Seoul have such high vision that most Korean boys are discouraged.
Masayoshi Kishimoto, Hideaka Sato, and Miya Yamada walked into a general barbecue restaurant suitable for consumption by ordinary Korean people. They sat down at a window.
Masayoshi Kishimoto looked at the friendly decorations in the store, and then looked at the consumer price not expensive, which was completely acceptable to ordinary Korean citizens.
He noticed that there were not many customers in the store, and the location of the barbecue restaurant was not remote. This was the time for lunch, but not many people were spending in the store, which meant that it was not a good economic phenomenon.
A normal phenomenon of good economy is that restaurants are doing well. Ordinary people have money in their pockets. For convenience, they don’t want to cook by themselves, and for the sake of good food, they naturally choose to eat out.
"If you feel uncomfortable, there is a high-end Korean barbecue restaurant with good taste on the street next door, not far away," Sato Hideaka said with great concern and attention to the president's every move.
"I think this place is good. Do you think this place is bad?" Kishimoto Masayoshi said with a smile.
Even though Sato Hideaka felt that this place was not good in his heart, he did not dare to say it in front of the president: "No, absolutely not."
He had already gotten rid of his income and walked into this place to eat. If he wanted to eat barbecue, he would also go to the Korean high-end barbecue restaurant on the street next door to eat.
He has been an experienced workplace driver for many years, so of course he knows how to keep his taste with his boss. Not to mention entering a shop like this, the boss will follow the street stalls and take care of him, and he will also show that he tastes very delicious.
Masayoshi Kishimoto looked at Yamada Miku and said, "What do you think?"
An important factor in Yamada's position as the president's secretary in the future is not how powerful his relevant abilities are, but how he can understand some of the president's thoughts.
She had known for a long time that the president liked urban culture and smiled and said, "It's great!"
"Sato, please translate it for me. Ask her for me, do Koreans don't like eating barbecue for lunch?" Masayoshi Kishimoto said in a targeted manner when a clerk walked up to them.
Sato Hideaka asked a question in very fluent Korean, and the clerk gave a answer truthfully.
Sato Hideaka seriously reported to Kishimoto Masayoshi: "She said, no. I don't know what happened recently, but the business suddenly became difficult to do.
There were a lot fewer people coming to the restaurant to eat barbecue. At this time last year, not only were people eating barbecue full every day at noon, but they also had to wait in a long queue."
Masayoshi Kishimoto understood. He knew that this was one of the precursors of the bad economy and the crisis. On the one hand, the streets seemed very prosperous, and on the other hand, the consumption necessary for people's livelihood was shrinking.
At this time, Sato Hideaka stood up and delivered the menu to Kishimoto Masayoshi. He didn't dare to decide what they would eat for lunch today without authorization. He felt that he was lucky enough to sit here with the president, which was already a blessing in his life.
"I don't know Korean. Please click!" Masayoshi Kishimoto blurted out.
When Sato Hideaka heard "you", he was stunned for a moment, and then he immediately understood. Yamada should also be a Korean speaker in the future. He delivered the menu in his hand to her, intending to confirm whether his guess was correct.
Chapter completed!